Brazil to retaliate against U.S. ...The Brazilian Foreign Trade Council (CAMEX CAMEX Campus Market Expo (collegiate trade show) CAMEX Convection and Moisture Experiment (NOAA) CAMEX Chamber of Foreign Trade CAMEX Computer-Assisted Map Exercise ) has decided to retaliate against what it sees as ongoing subsidies to U.S. cotton farmers and the industry. A list of possible products, patents or services to be targeted will be presented to the public likely the week of Nov. 2. After a final review, CAMEX will then decide early next year which products from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. will face extra tariffs in retaliation for U.S. cotton subsidies. The World Trade Organization said in 2004 that U.S. cotton subsidies were distorting the market, and Brazil has repeatedly argued that other subsidies were still going to cotton producers. |
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